Business Ethics And Environmental Fraud: Improper Competitive Advantage In The Age Of Green
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As environmental legislation grows more stringent in response to the escalating climate crisis, some of the world’s largest corporations have adopted fraudulent mechanisms to keep their margins of profit, and achieve improper competitive advantage. Such mechanisms can lead to problems in the supply chain, a decrease in market value, diminished trust in brands, increased surveillance of companies, as well as damage to the environment. This book offers a holistic view of the nature and consequences of environmental fraud, bringing together practical examples, empirical research data, and management theory. It will be of interest to academics working in the fields of sustainability management, business ethics, and corporate social and environmental responsibility. Preface Acknowledgments Contents Abbreviations List of Figures List of Tables 1: Business Ethics 1.1 Business, People, and Ethics 1.2 Why Should We Care? 1.3 Why Do Businesspeople Behave the Way They Do? 1.3.1 Greed 1.3.2 Professional Ambition 1.3.3 Emotions 1.3.4 Pathologies 1.3.5 Corporate Culture 1.3.6 Opportunism 1.3.7 Natural Inclinations 1.3.8 Competitive Environments 1.4 How Should Businesspeople Behave? 1.5 The Role of the Law 1.6 Business Ethics Versus Ethics 1.7 A Model for Business Ethics 1.8 Historical Development 1.9 Business Ethics in Practice 1.9.1 Modern Slavery 1.9.2 Child Labor References 2: Environmental Fraud 2.1 Fraud, Criminology, and Corporate Crimes 2.1.1 Environmental Fraud and Crime 2.1.2 Environmental Fraud and Corporate Criminology 2.2 Fraud and Environmental Fraud 2.3 Differences Between Environmental Fraud and Greenwashing 2.4 Impacts of Environmental Fraud 2.4.1 Consequences to the Environment 2.4.2 Impacts on Public Health 2.4.3 Consequences to the Company References 3: Improper Competitive Advantage 3.1 Competition and Environmental Fraud 3.2 Competitive Advantage: Wide Usage and Main Theoretical Currents) 3.2.1 SWOT Analysis 3.2.2 Industry Structure 3.2.3 Resource-Based View References 4: The Age of Green 4.1 Definition 4.2 Philosophical Roots 4.3 Recent History 4.3.1 Blueprint for Survival (1972) 4.3.2 Stockholm Conference (1972) 4.3.3 World Commission on Environment and Development (WCED) (1987) 4.3.4 Bergen Declaration on Sustainable Development (1990) 4.3.5 The United Nations Conference on Environment and Development (1992) 4.4 Sustainable Consumption 4.5 Points of Attention References 5: The Automotive Industry Under Suspicion 5.1 Early Developments 5.2 Economic Organization 5.3 Car Culture and Society 5.4 A Harsh Competition 5.4.1 Internal Rivalry 5.4.2 Threat of New Entrants 5.4.3 Threat of Substitutes 5.4.4 Bargaining Power of Suppliers 5.4.5 Bargaining Power of Customers 5.5 The Automotive Industry as a Scapegoat References 6: Dieselgates: VW, FCA, Renault, and PSA 6.1 The Volkswagen Dieselgate 6.1.1 The Dieselgate in America 6.1.2 Settlements in the United States 6.1.3 The Dieselgate in Europe 6.1.4 General Outcomes of the Dieselgate 6.2 Fiat Chrysler Automobiles (FCA) 6.3 Renault and PSA (Opel) 6.4 General Considerations References 7: Not a “Privilege”: Environmental Fraud Beyond the Automotive Industry 7.1 Initial Thoughts 7.2 Environmental Fraud in Fast Fashion 7.2.1 Organic Cotton 7.3 Food and Beverage Industry 7.4 Logistics 7.4.1 Amazon 7.4.2 UPS 7.5 Electronics References 8: The Intangible Costs of Environmental Fraud: Impacts for Brands, Trust, Corporate Identity, Image, Credibility, and Reputation 8.1 Constructs 8.2 Brand 8.3 Trust 8.4 Corporate Identity 8.5 Corporate Image 8.6 Corporate Credibility 8.7 Corporate Reputation References 9: Your Fraud, Our Country: Impacts on National Brands and Reputations 9.1 The “Made In” Brand 9.2 National Image, National Identity, and Stereotypes 9.3 National Tribalism 9.4 Final Considerations References 10: Impacts on Market Value 10.1 Market Value and Value 10.2 What Affects Market Value 10.2.1 The Role of Expectations 10.2.2 Operational Incapacity, Technological Transition, Impact on Intangible Resources, and Legal Costs Operational Incapacity Impact on Intangible Resources Technological Transition Legal Costs References 11: Is Diesel Dead? 11.1 Brief History of Diesel Technology 11.2 Sustainable Alternatives? 11.2.1 Natural Gas 11.2.2 Electric Cars 11.2.3 Sources of Energy 11.3 Diesel Is Not Dead References 12: Lessons Learned, Future Research and Tendencies on Environmental Fraud 12.1 Lessons Learned and Future Research 12.2 The Future of Environmental Fraud: Green Finance Under Suspicion References Index
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